Senior Product Cost Analyst

Senior Product Cost Analyst

The Senior Product Cost Analyst serves as a valued business partner with strong business acumen who develops labor and overhead rates to establish accurate cost foundations. This role applies financial expertise to costing data and uses these rates along with labor estimates, tooling, and capital expenditures to develop and communicate precise product costs supporting customer quotations for new products and engineering changes.

The analyst analyzes complex BOMs and manufacturing processes, communicates cost drivers, assumptions, and implications organization-wide, and partners cross‑functionally to educate teams on product cost structure. Collaborating with Sales, Engineering, Manufacturing, Purchasing and Assembly, the analyst runs scenario analysis changing for various cost and pricing options.

• Develop labor and overhead rates while partnering cross‑functionally to educate teams on product cost structure.
• Apply financial expertise to costing data and communicate cost drivers, assumptions, and implications organization‑wide.
• Analyze complex Bills of Materials to develop accurate product costs, including raw materials, purchased parts, labor, overhead, tooling, and capital for new programs and engineering changes.
• Build and analyze financial models incorporating price/cost sensitivity analysis.
• Serve as a valued business partner to Sales and Product Line Managers, contributing to pricing strategies that secure new business.
• Deliver comprehensive customer quote packages, including piece prices, tooling breakdowns, and price walks from current to future states.
• Track program margins from launch to completion, ensuring alignment with quote targets.
• Partner with Engineering, Purchasing, Manufacturing, Quality, Assembly, and other departments to explain product costs, identify savings opportunities, and drive cost reductions.
• Develop and maintain sales forecasts and budgets for assigned products.
• Perform additional duties as assigned.

• Four‑year college technical degree in Finance, Business Administration, or related field.
• 6–10 years of experience in product costing in manufacturing.
• Advanced Microsoft Excel proficiency (financial modeling, pivot tables, index‑match).
• Strong financial and analytical skills (e.g., make‑vs‑buy analysis, net present value).
• Strong communication skills, including executive presentations.
• Proven interpersonal and teamwork abilities.

• Experience in product costing in the automotive industry.
• Foreign language skills in Spanish.

• Competitive compensation package, including base pay, regular salary reviews, and short‑term incentive opportunities.
• Comprehensive health benefits, including medical, dental, and vision coverage with eligibility starting day one.
• Paid time off for vacation, holidays, sick time, and bereavement for eligible employees.
• 401(k) retirement savings plan with company match up to 5 percent and immediate vesting.
• Company‑paid life insurance coverage to support you and your beneficiaries.
• Wellness program supporting physical, emotional, and financial wellbeing, plus opportunities to volunteer and give back to your community.
• Additional local benefits may apply depending on location or facility.

Strattec is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to status as a protected veteran or a qualified individual with a disability, or other protected status such as race, religion, color, national origin, sex, and age.